ASGN Schedules First Quarter 2020 Earnings Release and Conference Call and Provides Commentary on COVID-19
April 20 2020 - 4:15PM
Business Wire
ASGN Incorporated (NYSE: ASGN) announced today that the Company
expects to release its first quarter 2020 financial results on
Thursday, April 30, 2020 at approximately 4:15 p.m. ET followed by
its regular quarterly conference call later that day at 5:00 p.m.
ET hosted by Ted Hanson, President and Chief Executive Officer of
ASGN. The Company’s prepared remarks will be posted to its website
prior to the call.
The dial-in number for this conference call is 855-327-6837
(+1-631-891-4304 outside the United States). Please reference
Conference ID number 10009249. A replay of the conference call will
be available from 8:00 p.m. ET on April 30, 2020 until May 14,
2020. The dial-in number for the replay is 844-512-2921
(+1-412-317-6671 outside the United States), and the replay access
code is 10009249. A webcast for this call will also be available at
asgn.com.
Company Response to COVID-19
“There is no denying the gravity of the COVID-19 pandemic,” said
Ted Hanson, ASGN’s President and Chief Executive Officer. “ASGN has
first and foremost been focused on protecting the health and
welfare of each of our employees. Abiding by the guidelines for
social distancing issued by the Centers for Disease Control, World
Health Organization and other federal, state and local agencies, we
transitioned most of our internal staff to remote work by
leveraging our technology platforms. We also moved quickly to
understand and address the individual safety protocols and service
requirements of our commercial and government clients. While many
projects have transitioned to remote work, certain essential work
still requires on-site consultants and is being conducted in
compliance with required safety protocols. This has certainly been
a team effort from day one, and I would like to express my sincere
thanks to our many talented employees for their continued efforts
during these challenging times.”
Hanson continued, “As a result of our scale, high-end service
offerings, large and diverse client base, including a significant
portion of business that relates to Federal government work, and
our go-to-market strategy, ASGN is well-positioned to not only
address the immediate challenges related to COVID-19, but to also
drive longer-term value. Our flexible cost structure, solid free
cash flow generation and availability under our $250.0 million
revolving credit facility provide further stability to our
business. We look forward to discussing our financial and liquidity
position along with our full first quarter 2020 results on our
upcoming earnings conference call later this month.”
About ASGN Incorporated
ASGN Incorporated (NYSE: ASGN) is one of the foremost providers
of IT and professional services in the technology, digital,
creative, engineering and life sciences fields across commercial
and government sectors. Operating through its Apex, Oxford and ECS
segments, ASGN helps leading corporate enterprises and government
organizations develop, implement and operate critical IT and
business solutions through its integrated offering of professional
staffing and IT solutions. Our mission is to be the most trusted
partner for companies seeking highly skilled human capital and
integrated solutions to fulfill their strategic and operational
needs. For more information, visit us at asgn.com.
Safe Harbor
Certain statements made in this news release are
“forward-looking statements” within the meaning of Section 21E of
the Securities Exchange Act of 1934, as amended, and involve a high
degree of risk and uncertainty. Forward looking statements include
statements regarding our anticipated financial and operating
performance.
All statements in this news release, other than those setting
forth strictly historical information, are forward-looking
statements. Forward-looking statements are not guarantees of future
performance, and actual results might differ materially. In
particular, we make no assurances that the proposed revenue
scenarios outlined above will be achieved. Additional examples of
forward-looking statements in this press release include, without
limitation, statements regarding the expected impact of the
COVID-19 global pandemic on our competitive position and demand for
our services; our ability to attract, train and retain qualified
staffing consultants, the availability of qualified contract
professionals, management of our growth, continued performance and
improvement of our enterprise-wide information systems, our ability
to manage our litigation matters, the successful integration of our
acquired subsidiaries, and other risks detailed from time to time
in our reports filed with the SEC, including our Annual Report on
Form 10-K for the year ended December 31, 2019, as filed with the
SEC on March 2, 2020. We specifically disclaim any intention or
duty to update any forward-looking statements contained in this
news release.
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version on businesswire.com: https://www.businesswire.com/news/home/20200420005872/en/
Ed Pierce Chief Financial Officer 818-878-7900
ASGN (NYSE:ASGN)
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